Michele Buck, a 20-year veteran of Hershey who assumed leadership in 2017, said she would step down from her roles as president and chief executive on June 30, 2026...
Continue ReadingThe clock is ticking for TikTok. The Chinese-owned video-sharing platform used by nearly half the country could disappear from U.S. app stores later this month under a new security law. On Friday, TikTok argued its case before the Supreme Court...
Continue ReadingIf sentiment is anything to go by, the Magnificent 7 stocks, led by Apple Nvidia and Microsoft are set to be replaced by a movie that may or may not be equally good—BATMMAAN. While cute names are fun to write about, they’re a lousy way to organize a stock portfolio. Think of it as the DC comics superhero spelled by a toddler...
Continue ReadingAs TikTok heads to Supreme Court, analysts see Meta stock and Google as likely beneficiaries of a ban on the app...
Continue ReadingTikTok argues its case against a nationwide ban in front of the US Supreme Court, saying a ban threatens the First Amendment. The social media platform pleads its case before the January 19 deadline for the divest-or-ban to take effect. CNET technology reporter Abrar Al-Heeti joins Brad Smith on Wealth to discuss what users should expect as a TikTok ban looms. "Come January 19th, if TikTok gets banned, it's not going to magically disappear from your device," Al-Heeti explains. "Instead, you won't be getting updates, which means that over time, it becomes more laggy and then eventually unusable." She notes that Apple (AAPL) and Alphabet's (GOOG, GOOGL) Google will be fined if TikTok and updates are available on their app stores. Al-Heeti suggests saving videos on your that you want to keep, whether you posted them or another user, from the platform. She adds that Meta's (META) Instagram Reels have been a "strong TikTok competitor" and could be an alternate platform for users to shift to, while Snapchat (SNAP) could be another option. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan...
Continue ReadingApple's foldable iPhone faces hurdles with eSIM-only design in key markets like China, analyst warns...
Continue ReadingConstellation Energy, the owner of America’s biggest nuclear power fleet, is buying the owner of the largest natural-gas-fired power fleet. The deal is a win-win for both parties and highlights just how much fortunes have shifted for once-ignored power stocks. Constellation on Friday announced that it will buy privately held Calpine for $29.1 billion, including $12.7 billion of net debt...
Continue ReadingConstellation Energy (NASDAQ: CEG) stock dominated headlines in 2024 with its announcement of a plan to reopen Three Mile Island and supply nuclear power to Microsoft server farms. Constellation is starting off 2025 with even more news -- and even more share price strength. This morning, the electric utility announced plans to acquire natural gas and geothermal electric utility Calpine Corporation...
Continue ReadingThe gains came after Nvidia CEO Jensen Huang triggered a selloff in quantum computing stocks earlier this week with his remarks about the technology’s development...
Continue ReadingRace Heats Up: Nvidia vs. Apple for World's Most Valuable Company...
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